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Which decreases a partner's basis in his or her partnership interest? a. Exempt income items b. Taxable income items c. Nondeductible expenses d. An increase
Which decreases a partner's basis in his or her partnership interest?
a. Exempt income items
b. Taxable income items
c. Nondeductible expenses
d. An increase in a partners share of debt
e. None of the above
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